Monday, May 18, 2009

Sell Commercial Notes

Selling commercial notes will allow you to sell your monthly payments, that you have agreed to take over a specific period of time for a lump sum of cash now. A commercial note is simply, a loan document that was created when you financed the sale of your commercial property. Commercial notes are available almost anywhere. For example.
  • Malls
  • Office Spaces
  • Retail Outlets
  • Industrial Businesses

The selling of commercial notes are based on two very important factors:

  1. The balance that is left on the note.
  2. How long of period the note is in.

Buyers look at these two factors as the most important to them in purchasing your commercial note. The last thing that they consider is the value of the note. Granted the value can be the driving force of a buyers decision to purchase, because of the location of the property. As the saying goes location is everything. In general some commercial note holders usually sell partial note instead of selling the whole note. In some cases selling the note as partial is more profitable. One thing to consider is, when selling business notes, two notes are usually created, one for the business side of the note and one for the real estate. A business note works just like any other private mortgage or trust deed, but it's not secured by real estate. If you need some more information about this I suggest you consult with a Note Broker, who specializes in handling commercial notes.

What Is the Notes Business

First to understand what the Notes Business is you must first know, what a note is. A note is the promise to pay a certain amount of money, over a given amount of time.(I.O.U.) There are many different ways to create a note. If you think about it, I know you can think of some notes, that you may have yourself. The most common note that's out there today is called a mortgage. A mortgage is a promise to pay a certain amount of money, over a given period of time, that's secured by Real Estate, so the Notes Business is born. There are several different notes out there that's secured by Real Estate. For example:
  • Mortgage Notes - Residential homes, Mobile homes, Condos (etc.)
  • Commercial Notes - Malls, Office Spaces, Retail Outlets (etc.)
  • Land Notes - Development Properties, Raw Land.

As you can see a note can be created almost anywhere. The word note has many different names as well. For example:

  • Promissory Note
  • A Trust Deed
  • Deed of Trust
  • Paper

Whichever you decide to call a note, it's still just a note. Now that you know what a note is I can tell you how it can become a very profitable business for you.

  1. Find Note Holders - Let the note holder know what it is that you do.
  2. Find Buyers - Buyers that want to invest in the monthly payments of the note holder.
  3. Cash Your Check

Then start the process all over. It's just that simple. Now you see the Notes Business can be a very profitable business with endless opportunities, and I have just scratched the surface.

Thursday, May 14, 2009

My name is Roderick

Hello world, my name is Roderick. Welcome to my life in the Notes Business. I thought it would be a great idea for me to share with the world my life in the Notes Business. First let me begin by saying, for the people that don't know anything about this business, hopefully by following my life in this business, you will have some general knowlege of what this business is, and how the opportunities in it are endless.